Proposal #2 - Add to the Imperial Exchequer Handbook.“Financial Policies and Procedures Add section, renumber as needed – The Imperial bank account will be overseen by the Board ofDirectors. As Imperial and BoD positions are 2 year terms, the account signatories must be changedas each term starts. One signer must be the BoD Treasurer or Imperial Exchequer. One signer mustbe either the BoD President or Vice President. The third signer must be the BoD Secretary oranother Imperial peer that is logistically feasible. Add section, renumber as needed – All Kingdom bank accounts will be overseen by the KingdomEstates. As Kingdom officers can change frequently or Kingdom territories can be vastly separatedfrom each other, the Kingdom Estates have full responsibility to monitor account signatories. Therecommended signers are: Kingdom Sovereign, Kingdom Exchequer, and local Territory Head. Add section, renumber as needed – If it is logistically feasible for a territory to have a bank accountthat is separate from the Kingdom account, this account will be overseen by the Kingdom Estates. AsTerritory officers can change frequently the Kingdom Estates have full responsibility to monitoraccount signatories. The recommended signers are: Kingdom Sovereign, Territory Head andTerritory Exchequer or other officer agreed upon by Territory Estates.”Reasoning- There is not a current, flushed-out structure to how bank accounts across the organizationshould be set up. This documents the options across the empire.

8. The members of the Crown Estates shall have the rights to: a. - k. <snip> l. Approve expenditures by majority;

2. The members of the Territorial Estates shall have all rights of the Crown Estates with the following limitations: a. The exercise of the powers of the Territorial Estates is limited to within the boundaries of the Territory in which the local Estates reside and governs.

This section of the LI gives subject territories the right to govern their own finances within the territory. The wording of the proposal would contradict the L.I. and therefore be invalid. Also, since the time Ostgard went away the BOD has required a BOD member be on all ECS accounts so that if a territory up and quits the organization would have a method to access those accounts. I think this is still a good idea. The proposal removes this requirement.